by Jeff Rogyom | Nov 16, 2019 | Maryland Estate Planning, Maryland Trusts
If you have assets you anticipate will increase in value, you can “freeze” the value of those assets for estate tax purposes with an Intentionally Defective Grantor Trust, an “IDGT”. Most wonder why they would want an “intentionally defective” anything, but it... by Jeff Rogyom | Apr 22, 2019 | Maryland Estate Planning, Maryland Probate, Maryland Trusts, Tax - Estate, Tax - Maryland, Uncategorized
It’s common to hear Maryland trust attorneys and others refer to trusts, but you may not know exactly what they are or why they are needed. A trust has a separate legal identity from both the person who formed it and the people it is benefiting, like a corporation or... by Jeff Rogyom | Apr 4, 2019 | Business Planning & Corporate Law
Depending upon your business and your company’s marketing strategies, you may at some time consider operating under a new or second name. In such cases, you should consider using a registered trade name for your business. Since businesses evolve and sometimes... by Jeff Rogyom | Feb 17, 2019 | Maryland Estate Planning, Maryland Probate
Probate is the process by which a deceased person’s financial affairs are concluded, their debts are paid and then their assets are transferred to their heirs. Because many pass away with minimal assets needing to go through the probate process, the State of Maryland... by Jeff Rogyom | Feb 11, 2019 | Tax - Federal Income, Tax - Maryland, Tax - State Income
A common question for Maryland tax attorneys is, “How long should I keep my tax returns?” Some do not expect or what to hear my answer. While many tax professionals, even the IRS, suggest it’s safe to discard tax documents 3 to 6 years after you file the... by Jeff Rogyom | Jul 17, 2017 | Tax - Federal Corporate, Tax - Federal Income, Tax - State Corporate, Tax - State Income
Owners of s-corporations are quickly introduced to complex tax issues. An s-corporation has “flow-through taxation”. This means the s-corporation itself usually pays no income taxes for its income, but its stockholders do. The s-corporation files its...
Recent Comments